Uncategorized - Page 7
44 articles
September 15, 2019
How to improve your winning chances
Every lotto player tries to improve his odds to win the lottery in one way or the other. It is only natural that they look for a lottery strategy or some type of system, considering the fact that the probability of winning a top prize , or even a jackpot, often is one in hundreds of millions. So let's talk about the options there are, which ones are working and which ones do not work. Please be sure to check the last two chapters , since they contain the most important tips for you as a lotto player. Is there any lottery strategy that can guarantee a win? Some people will tell you that they have a lottery system that works 100% of the time, and they are willing to share it with you for just a little bit of money. Don't fall for that. Nobody can guarantee that you will win money playing the lottery. There are some mathematical models that can improve your chances, but even if you use the best mathematical lottery system, the odds are still against you. So don't spend money on software that claim that they can guarantee you a win, those are just scams . Using a cold and hot numbers lottery strategy This is one of the lottery strategies based on math, and it can actually improve your results . But even if you go ahead and exclude all numbers that have won in the past weeks, and even assuming those numbers will not come up in the next lottery draw, that still leaves a large number of possible combinations. It is a mathematical fact that because one combination of numbers has come up the week before, the probability for that combination to be drawn again a week later is just as high as for any other combination. So while this lottery system can slightly improve your winning chances, there is no guarantee that it will get you that win. Using your personal lucky numbers This is the most popular lottery strategy. People just love to pick numbers that have a special meaning to them, such as birthday dates, numbers they see on their way to work, etc. And if they are lucky, those numbers may actually win at some point. Nevertheless, this is not really a strategy, it is just a different way of picking lotto numbers. Playing the same numbers all the time This is something many people do, and there are a few arguments in favor of this strategy. Let's say the odds are one in 50 million for one draw. Then by playing the same numbers 50 times in a row reduces the odds to 1 in 1 million, right? It is true, but the effect is basically the same as if you would just buy more tickets. On the downside, once you start using this strategy, you do not want to stop playing those identical numbers combinations, for fear that once you stop, those exact numbers might win the week after. How would you feel then? Financial discipline Of course, you can buy more tickets, play more often, even play more than one lottery. The more often you play, the more often you will win, that is for sure. But at the end of the day, it is all about the balance between how much you spend and how much you win. So our advice is to use a small fraction of your monthly income to buy lottery tickets. Make sure you do not spend money you cannot afford to lose. See those lottery tickets as a means to add some excitement to your life. Hope to win, but be prepared to lose. And read the last paragraph, because it tells you how you can actually improve your mathematical odds to beat the lottery with a strategy. Which lottery strategy is the best? As long as you always play your local lottery, you will buy tickets for the same lottery all the time, whether the jackpot is high or not. But this is not really clever - what you should do is to only play when there is a substantial jackpot! When all other factors (price per ticket, the probability to win) are equal, the amount that you can win makes all the difference. In mathematical models, there is a term called winning expectation, or expected value. This mathematical value is defined by the number of possible outcomes, the ticket price and the amount that can be won. So logic and mathematics dictate that your chances are better when the jackpot is higher. The only lottery strategy that works is to invest in tickets when the jackpot is high, and not to play when it is not. And that is the strongest argument in favor of using an online lottery ticket service such as ours. With more lotteries to choose from, you can simply pick the highest jackpot and spend your lottery money where your expected value is highest. On our site, you will always find at least one or two substantial jackpots, so you do not have to wait until your local lotto jackpot is big enough for you to play!
Read More July 9, 2019
You won the lottery, but what about taxes?
First of all, congratulations on your lottery win! You probably already know how much your prize is, but one question remains: how much will I actually get paid? And that depends, of course, on how much will be deduced for fees, taxes, etc. For this, there are several scenarios. Before we talk about those scenarios, we would like to mention some important facts regarding our services at RedFoxLotto. First, we do not deduct any commissions from your winnings. We process your lottery winnings free of charge, even if we handle the contact with the lottery authority on your behalf. Some online lottery operators may charge a percentage of your winnings - we believe that this is not a good business model. There may be a charge for processing your payments, especially if you decide that the money should be sent to you via bank transfer. Such a charge would be whatever the bank we send money from charges us. Your own bank may also charge a fee on their end. Other payment processors may charge fees for money transfers as well. In any case, those charges will be rather insignificant smaller amounts. Bank transfers across borders can be expensive. That means that it does not make much sense to withdraw an amount smaller than 50€ via bank transfer, because you would only receive a much smaller amount in your account after deduction of fees. You won your local lottery If you played the lottery in the traditional way, by purchasing your ticket at a lotto shop in your own country, then the tax question has a rather simple answer: the laws of your country apply. If lottery winnings are free of tax in your country, you have nothing to worry about. If your law says you have to pay taxes, well then there is no way around paying them. Two things can happen, depending on how your lottery authority handles things. Either the lottery authority deducts the taxes on those winnings right away and transfers the due tax to the government, or they pay you the full amount but they will also notify your tax authorities about your winning. In the second case, you will have to declare your winnings and pay the taxes yourself. Now let's talk about the situations you may find yourself in after buying your lottery ticket here at RedFoxLotto and you won a prize. As a matter of fact, playing foreign lotteries online has more advantages than the simple fact that you can go for bigger international jackpots! The lottery you played online deduces the taxes right away In this scenario, you will get paid the amount that remains after taxes. For example, if you were to win the Powerball or Mega Millions jackpot as a foreigner, 30% of your winnings will be taken by the US tax authorities. If you think that this is too much, well residents of the US have to pay 25% in government taxes plus another 14,6% in federal taxes. What about Euromillions and Eurojackpot, are those tax-free? For these two lotteries, whether winnings are tax-free or not depends on where the tickets were bought. In the UK, Austria, Belgium, France, Ireland, and Luxembourg lottery winnings are not taxed. In Spain and Portugal, you will have a 20% deduction for taxes, and in Switzerland, it's 35%. At RedFoxLotto, we buy tickets for Euromillions and Eurojackpot only in countries that do not charge taxes on winnings locally. You still have to check your local tax situation - see below. The same 20% tax would be applied if you were to win a large amount in either El Gordo or La Primitiva of Spain. The lottery you won at pays out tax-free That is the best that can happen to you. You get the full amount paid out, and all you have to worry about is what to do with the money and about the tax laws at home. But be sure to read the following as well. What about taxes in my country of residence? Well, first of all, you have to check your local tax laws. If your government taxes lottery winnings, you will have to declare and pay them as soon as the money enters the country. But there is one thing you also need to know: does your country of residence have a "double taxation treaty" with the country of the lottery? If it does, that means that if you have already paid taxes on your lottery prize in the country where the lottery is held, you do not have to pay those taxes one more time at home. There is one important thing to consider though: is the tax rate in your country higher than the tax rate of the country holding the lottery? Let's say you won 10 million in the US, so the US taxman deduces 30%. If the tax in your country is 40%, you may have to pay the difference of 10% at home. What else can I do after winning a lottery jackpot in a foreign country? Please do not take this as valid legal advice, but think about this: If you win the jackpot in the US or any other large amount in any other country outside your country of residence, then you may want to travel to that country and pick up your check in person. At this point, you could decide not to return to your home country right away. How about a well-deserved vacation in a nice and sunny place like, for example, the Cayman Islands? We are sure most financial institutes there will be happy to provide you with advice on what to do with that check…
Read More June 22, 2019
Want to know the Euromillions draw results and check your ticket?
So you purchased a ticket for Euromillions and now you want to check whether you have won something. There are several ways to go about it. You just have to choose which way you want to do it. Whenever I want to check my Euromillions, I want a little suspense . Ideally, I'd like to watch the draw live on TV, but that is not always an option. First off, I do not live in a country where Euromillions tickets can be bought at the lotto shop. More about that later … So, the draw is not being televised where I live, and also I don't want to sit in front of the TV and wait until the draw is happening. This is what I do: Watch the Euromillions draw on Youtube to find out if you have won Checking whether you have won something at Euromillions while the draw is happening is, of course, the most suspenseful way to do it. But if you have missed the draw (which is held on Tuesdays and Fridays in Paris, at 20.45 CET, by the way), you can still watch the draw by streaming it on Youtube . Just use the search function for "Euromillions draw (date)" and you can watch the latest draw and compare the drawn numbers to your ticket. Wait for the next day's newspaper Well, that is certainly the worst way to do it. Plus, chances are that your newspaper does not even have the Euromillions results . There are better alternatives. Visit RedFoxLotto There are a number of websites where you can check the results for Euromillions. Ideally, the site you use should display the winning numbers soon after the draw, but most sites have a delay of up to several hours before they publish the outcome. Not so with RedFoxLotto.com - click this link to see the Euromillions draw results . Draw results are being updated almost in real-time here - just after the draw is finished, you can see the winning numbers here. They also list the amounts won in the 13 different prize tiers, plus an estimate of the jackpot for the next draw. And here's the best part: If you do not live in one of the "official" Euromillions countries, you can still get a ticket online. RedFoxLotto.com is an online service for the World's largest lotteries. They will help you get a ticket not only for Euromillions. They also have Eurojackpot, Powerball USA, Mega Millions USA, Superenalotto Italy, El Gordo of Spain and many others. All you have to do is select a lottery, click the numbers you want to play and pay online. It's really that simple. Once you have bought your ticket with them, there is an even easier method to check if one of your Euromillions tickets has the winning numbers on them. After the draw results are out, just log in to your RedFoxLotto account, click on "My tickets". You will see your tickets with the numbers you picked, and all the numbers that match the relevant draw results are highlighted. That way, you can never miss a win. And actually, when you won something, RedFoxLotto will also send you an email telling you that there is a winning ticket sitting in your account. In conclusion, if you cannot buy Euromillions tickets locally, then your best option is RedFoxLotto, where you can buy tickets for the largest lotto jackpots on the planet, and at the same time easily check your Euromillions ticket against the actual winning numbers!
Read More May 24, 2019
How to pay for online purchases?
Whenever you buy something online, you will probably end up with a choice of multiple payment methods. But which one should you choose? To help you find the best method, we will take a look at some of the options and give you information about them our evaluation will mainly be based on three criteria: Security Transaction fees Convenience This article is mostly about payment methods you could use while buying online lottery tickets . But the information is also pertinent to all other goods you may want to buy on the internet. Whether you buy material goods at an online sales site, or digital products of any kind, knowing the upsides and downsides of the best online payment methods is important. Some first thoughts For obvious reasons, your choice of payment method for online lotto will often depend on whether you actually have funds in the account you want to use. If you make online purchases on a regular basis, it is a good idea to always keep some funds in your accounts with the payment services you use often. When you buy online lotto tickets regularly or do other kinds of online gambling, it is important to know that Skrill and Neteller are mostly used for gambling purposes. Therefore, if you do not have an account with either of these two, we recommend that you should register one. That way, you can easily transfer funds, withdraw winnings and stay in control of your gambling transactions by keeping those funds in one single site. Another great option to get the same effect would be a dedicated prepaid credit card. One of the reasons why I prefer Skrill for all types of gambling is the fact that they will even issue you a prepaid debit card that is connected to your Skrill account. So whenever you want, you can even cash out some of your Skrill funds from an ATM machine. One important factor to consider when you choose your online payment method The factor that is often overlooked is the question of the currency the sales site uses. Let's say you buy at a site where prices and invoices are set in US dollars, but then you use a Paypal account set in Euros to pay. Then, on top of the fees that Paypal charges for the transaction, you have to think about the exchange rate. Changing money from one currency to another at your local bank will always cost you money. And some payment processors give you exchange rates that sometimes can be up to 6% worse than what you would pay at your bank! Now let's take a look at some of the payment options: Credit card The most frequently used method for all kinds of payments. Moderate fees, good security and very convenient. But there is always a certain danger of spending too much money (unless you use a debit card, see above). Also, maybe you do not want your gambling transactions to show in your credit card statements. RedFoxLotto offers this payment method for all transactions (in rare cases, country restrictions may apply). Bank transfer The cheapest way to pay online, and very convenient too, but not all online sales sites offer it. Depending on how it works on the sales site, funds can take a few days before they arrive at the destination. Usually, there is no way to dispute a payment once it has been initiated. At RedFoxLotto.com, we use an instant bank transfer method. That means that if you use it, the funds will be deposited in your RedFoxLotto account within seconds. Skrill Great method, especially for online gambling purposes of all kinds. Moderate fees, excellent security. This is the most convenient method in my personal opinion, especially if you get their prepaid Skrill debit card. Neteller Similar to Skrill, including the option of a prepaid debit card. They recently increased their fees, which makes Skrill the better choice. Dusupay A great option for residents of most African countries, or people who do business with African companies. Cool mobile phone wallet. Not sure about security though. Paysafecard This is by far the safest method and the least convenient one at the same time. You can buy a card with a pin code worth a specific amount of money at a shop close to you, paying cash. Paysafecards are for sale in 48 countries across the globe - that is, if there is a shop close to you. Simply go to the website www.paysafecards.com , set the country you are in, and your location. There is an easy search function helping you find shops in your neighborhood where you can buy those cards. Then, you enter the pin code at the sales site, and the value of the card is credited to your account. No fees (paid by the merchant). This is a one-way service, no withdrawal possible. Ecopayz A service similar to Skrill (including the debit card), but their focus is a little less on gambling and more on sales and international money transfers.
Read More April 4, 2019
Make sure you are safe while buying lottery tickets online
Why is it better to buy your tickets online? Like most things, buying online instead of the classical way of purchasing in a shop has become increasingly popular with lottery fans as well. Not only is it more convenient, but online lottery services also offer a wider variety of options. Buying lottery tickets in your shop will work for you if you want to participate in your local or national lottery only. The problem is that you are paying the same amount of money for a ticket, no matter how high the jackpot prize is. Here at RedFoxLotto.com, we have more lotteries to choose from. In fact, with our service, you can participate in all of the biggest lotteries of the World. Having more jackpots to choose from means that you can simply pick the biggest ones at any given moment. That means that for the same price, you get a better deal! Buying your tickets in a safe environment There are a few criteria you need to check for your own safety. Some are about your payment, some about the service itself. Here is a list of things that an online lottery service should have. By the way, we can assure you that at RedFoxLotto, we take the safety of our clients very seriously , and our service has all the safety criteria covered. SSL protocol - whenever you make a financial transaction of any kind via a website, this is the first thing you need to check. If the URL of the website begins with http:// instead of https://, you should not trust them with banking information of any kind, such as credit card data or bank account numbers. Safe payment methods - The more payment methods are available, the safer it is for you. Every payment processor will check and double-check the company running the lottery service, as well as their software, encryption protocols, etc. So the more payment processors you see as available, the safer the website is. At RedFoxLotto, we have all kinds of payment options . We add new options all the time, and we even have Paypal as an option to deposit and withdraw. Paypal has a very strict policy about who they work with, so the fact that they are on board at RedFoxLotto is a strong indicator that you are very safe here. Aside from security, are there any legal issues playing the lottery online? No. Of course, you have to be of legal age to play, like with any lottery. Other than that, there are no legal issues . Let's assume you live in a country where, for any kind of reason, it is illegal to hold lotteries. You can still buy tickets online for lotteries that are being held in a different country, like the United States, or any European lottery. The only thing that matters is that you need to be able to pay online, using any of the methods we are offering. And if you win, you can have your payment transferred via any of our payment processors. If your security (and the safety of your funds) are an issue, you could, for example, use Bitcoin both for your deposit and withdrawal . That way, you are guaranteed that your winnings would be safe from governmental or fiscal oversight. So, in conclusion, you can see that at RedFoxLotto.com, the safety of our clients, their data and funds are of the utmost importance . That means that you do not have to concern yourself with security issues. Buying tickets for worldwide lotteries online is a 100% safe thing to do if you use our service.
Read More March 30, 2019
Strategies to help you find winning lottery numbers
It is reasonable to conclude that you belong to the category of people that are curious to know about effective lotto strategies. Perhaps you have read numerous books and surfed the internet countless times for these strategies, which yielded an abortive outcome. There are indeed so many tips and strategies out there that are close to useless , and there are, of course, the ones that are completely useless. However, I can assure you that you are about to peruse one of the best strategies you can ever encounter. It is crucial to note that there is no way to rightly predict the exact winning numbers that will come up in every lottery. Nonetheless, the strategies below are profoundly effective in increasing your odds of winning. Frequently picked numbers This is one of the best strategies and it involves looking up the frequency chart for previous lottery draws. These charts are offered in so many places, and it is the ideal way to know how often each number has been drawn over the course of a particular period of time. The best possible data set for analyzing a winning game is available to you if you can look up the all-time frequencies. It is also better to base your numbers on a big timeframe. While some people believe in playing the number that occurs more frequently, some believe in playing a lottery number that occurs less frequently. Both of them are good strategies that have been found to be the strategy behind winning games, but more people are winning by using frequently picked numbers . You must also ensure to look at the appropriate frequency chart of what you intend to play. For example, Mega Millions stats will be dissimilar to those of Powerball stats. Using the Delta system The Delta method is a strategy to pick lotto numbers, which involves a statistical study of numbers next to each other. The first step is to choose a very low number, which must be between 1 and 5. After doing this, you should also choose two different numbers between 1 and 8. The fourth number should be close to 8 – it can be above or below the number 8, i.e. 7 or 9. At this point, you have four numbers, which for instance can be 1-3-5-9. The next step is to pick two numbers between 8 and 15. These two numbers must, however, be a few numbers away from each other – for instance, 11 and 13 or 14 and 9. Once these 6 numbers have been selected and written down, you already have your six-digit lottery number sequence. For instance, you may have the sequence 1-3-5-9-11-13. After getting whatever sequence you must have gotten, the next step is to add them up. In our instance, the addition of the numbers will give us 42. It is worthy of note that the sum of your numbers must be less than the highest permitted number in the game you intend to play. For example, should the highest number in the game we intend to play be 54, then our numbers are within the range, for they sum up to 42. Should the sum of your numbers be greater than the highest number allowed, then it is important that you make changes to the numbers while still adhering to the rules. It is also important to note that numbers can be repeated, provided that the rules are adhered to. After getting the right sequence, you should rearrange the numbers. For instance, we may have the following sequence after the rearrangement - 5-3-11-9-1-13. This is where the main work to get your lottery numbers begins. The first delta number becomes your first lottery number. The remainder of the numbers is however added together to get the rest of your lottery numbers. For instance, 5 will be our first lottery number; 5 will be added to 3 to get 8 as our second lottery number; 8 will be added to 11 to get 19 as our third lottery number, and so on. Choosing lucky numbers This is a common strategy widely used in different parts of the world to pick winning lotto numbers. This is a good strategy for you if you believe in lucky numbers. To pick lotto numbers based on luck, you may begin by writing down significant numbers. These numbers may include your birthday or the birthday of your loved ones, your anniversary date, your age, your address, and many more. Another tip is to pick your lucky number if you have one; some people have a lucky number used by them for everything. The final tip that may be quite helpful is to pick a lucky number for yourself and adhere to it. This requires that you pick a particular lotto number sequence for yourself and keep playing it till you win.
Read More